A company is considered to be in “financial distress” if its cash flow is insufficient to satisfy its obligations. In such cases, the company must either take corrective action or liquidate.
Distressed securities are securities issued by firms in financial distress. The distressed securities universe is comprised of a wide range of financial instruments. For more information about distressed securities, click here.
Representative Disputed Matters
- Deephaven Distressed Opportunities Tradings, LTD. et al v. 3V Capital Master Fund LTD. et al – Pluris provided valuation analysis and an expert report in litigation regarding a substantial trade claim position against a bankrupt firm. Our valuation conclusions were accepted by the court. 2012
- [Confidential Matter] – Pluris provided valuation analysis and an expert report in litigation regarding a bankruptcy claim of more than $200 million. 2014